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Listed by:

Transworld Business Advisors Charlotte

Custom Cabinet Manufacturer In Thriving Market For Sale

North Carolina, US
Asking Price:
$700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$917,723
Cash Flow:
$181,791

1st qtr 2022 up over 200% vs 2021! This custom cabinet manu facturer has been servicing the greater Charlotte market for 35+ years. The owner has been preparing for the sale of the business, so the employees and subcontractors are in place to allow a new owner a very easy transition. The customer base includes high end custom homeowners and builders requiring expert craftsmanship, which this company delivers. Pipeline of business is full and ready for the new owner to enjoy profitability from day one. 4 year average DE is $209k...even with tough pandemic situation. Starting out 2022 at a record pace! Annualized SDE exceeds $350k! Real estate is also available for purchase in one of the fastest growing markets in the country.
The business began over 35 years ago as a one man operation by the current owner. Through the years the business expanded and ultimately grew into the existing location with manufacturing, show room, and administrative offices in a prime location. The real estate is for sale!

Expert craftsmanship has always been a trademark of this company and continues to this day with a stellar reputation and a very solid loyal customer base of high end builders and homeowners.
The existing shop has the capacity to roughly double it's existing business. Word of mouth has been the primary advertising method. Digital and social media advertising could help drive exponential growth. Further expansion into bathroom and kitchen remodeling with provide additional revenue streams.
Offices, showroom, warehouse, manufacturing area, paint booth, etc.

Business Operation

Reasons for selling:

retirement

Trading hours:

M-Thurs 7:30am - 5:00pm

Employees:
9
Years established:
1980

Other Information

Support & training:

3 weeks

Furniture / Fixtures value:
$300,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price